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Recent Posts in Taxes Category

Trying To Avoid Gift Taxes? The IRS May Be Coming For You!

Earlier this year the IRS filed a lawsuit against the California Board of Equalization due to the board's refusal to turn over records on real estate transfers made to relatives with little or no ...
Continue reading "Trying To Avoid Gift Taxes? The IRS May Be Coming For You!" »

Understanding Life Insurance Trusts

Obtaining Life Insurance coverage is often a part of the estate planning process. If you have multiple life insurance policies you may want to consider a Life Insurance Trust. a life insurance trust ...
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Private Letter Rulings

A Private Letter Ruling (PLR) is a written response by the Internal Revenue Service (IRS) to a taxpayer's request for information. A PLR can be used by a taxpayer for guidance on whether to take ...
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